Progressor Binary Indicator System is a Binary Options Strategy that gives easy-to-use buy/sell signals. This set-up will suit Scalping Trading and Binary Options Trading. This indicator is created for the MT4 platform only. For Scalping, it works excellent on M5 timeframes. But you can use it on even any timeframe.
Progressor Binary Strategy is a price action trading system based on an ITM indicator filtered by support/resistance and fractal true channel indicator. This is a discretionary strategy that one must learn to put into practice. The thing that needs to be paid more attention to is to consider only the trades in support and resistance areas.
For Scalping, it works great on M5 timeframes. But you can use it on any. If used for Binary options, also 5-Minute chart is desirable with 2 candles expiration time.
Progressor Binary Options Indicator System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
You can set the Progressor Binary Indicator to send you signal alerts. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.
Progressor Binary Strategy can be used on any Forex currency pair and other assets such as commodities, Cryptos, Binary Options, Stock Market, Indices and etc. You can also use it on any time frame that suits you best, from the 1-minutes through to the 4-Hours charts.
 | No Minimum Deposit | |
 | Min Deposit of 20$ |
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This Binary Options Strategy Trading rules
For Scalping Trading, it works great on M5 timeframes. But you can use it on any. To trade with Binary options, we also recommend the M5 timeframe with an expiration time of 2-3 candles (10 to 15 minutes) or the end of the day.
Buy or Call
- Purple Dot on ITM Total Indicator
- Purple Buy arrow on ITM Total Indicator
- True Fractal Bands draw a white arrow
- Price touches a support zone
- Murrey Math line is below support zone 2nd zone (optional)
- The stochastic oscillator is in the oversold zone or crossing upward the 20 level
- Elders’s Market Thermometer MTF TT indicator draws a Blue bar either under the Dot signal point of the ITM TOTAL indicator or under its signal arrow
- Open position at the next candle after the arrow
Sell or Put
- Purple Dot on ITM Total Indicator
- Purple Sell arrow on ITM Total Indicator
- True Fractal Bands draw a white triangle
- Price touches a resistance zone
- Murrey Math line is above support zone 6th zone(optional)
- The stochastic oscillator is in the overbought zone or crossing downward the 80 level
- Elders’s Market Thermometer MTF TT indicator draws a Blue bar either under the Dot signal point of the ITM TOTAL indicator or under its signal arrow
- Open position at the next candle after the arrow
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